A leading diagonal has completed wave (i) and we are on a corrective wave (2) upwards. This correction might be a zig-zag, though is too early to tell for sure. Look for Stoch RSI to drop below 20 and make a positive cross for a long entry within few hours. Target around .618 fib level of wave (i). Stop loss should be set a bit under previous bottom at 8100.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.